Trusted Sources Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 05732805 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2013

for

Trusted Sources Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

ND Mather

CR Granville

SECRETARY:

C Moody

REGISTERED OFFICE:

9 Orange Street

LONDON

WC2H 7EA

REGISTERED NUMBER:

05732805 (England and Wales)

ACCOUNTANTS:

Tayabali Tomlin Limited

Chartered Accountants

Kenton House

Oxford Street

MORETON IN MARSH

GL56 0LA

CURRENT ASSETS

Debtors

297,240

250,132

Cash at bank

3,209

23,133

300,449

273,265

CREDITORS

Amounts falling due within one year

1,100

21,115

NET CURRENT ASSETS

299,349

252,150

TOTAL ASSETS LESS CURRENT LIABILITIES

299,349

252,150

CAPITAL AND RESERVES

Called up share capital

2

1

1

Profit and loss account

299,348

252,149

SHAREHOLDERS' FUNDS

299,349

252,150

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 11 September 2014 and were signed on its behalf by:

ND Mather - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover consists of revenue, excluding value added tax, from the sales of website development

consultancy services and ancillary activities.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date where transactions or events have occurred at that date that will result in an

obligation to pay more, or a right to pay less or to receive more tax with the following exceptions:

Deferred tax assets are recognised only to the extent that directors consider that it is more likely than

not that there will be suitable taxable profits from which the future reversal of the underlying timing

differences can be deducted.

Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the

periods in which timing differences reverse, based on tax rates and laws enacted or substantially

enacted at the balance sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2013

2012

value:

£

£

1

Ordinary

£1

1

1

3.	RELATED PARTY DISCLOSURES

4.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary undertaking of Trusted Sources UK Limited. There is no

one ultimate controlling party.